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Wednesday , July 17 2019


48.7% decrease in Over the Counter Market

KUWAIT CITY, Feb 3: Kuwait’s Over the Counter Market (OTC) has witnessed a decrease last week by 48.7 percent compared to the previous week. The …

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PAM conducts study on decision of SME sector

KUWAIT CITY, Feb 3: Public Authority for Manpower has conducted a detailed study on the methods used to implement the decisions taken for regulating the …

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Awqaf Undersecretary granted right to sign contracts worth KD 3 million

KUWAIT CITY, Feb 3: Ministry of Awqaf Undersecretary Fareed Emadi has been granted several administrative and financial prerogatives and authorities by the Minister of Awqaf …

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State Audit Bureau eye on 3 tenders for Ministry of Social Affairs

KUWAIT CITY, Feb 3: The State Audit Bureau is currently studying three tenders for the Ministry of Social Affairs, one of which is for importing …

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Ministry of Finance exerting efforts to control ‘governmental expenditures’

KUWAIT CITY, Feb 3: The Ministry of Finance has been exerting tremendous efforts to control governmental expenditures, affirming that relevant studies are being conducted to …

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Privatization is another means to bridge deficit

Kamel Al-Harami Independent Oil Analyst In the last four years, Kuwait has been incurring deficit in its annual budget. The coming year, the government will …

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KIB records KD 21 mln net profit, up 18% y/y for 2018; EPS 22.4 fils

Board proposes 11% cash dividends and 4% bonus shares Sheikh Mohammad Al Jarrah Al Sabah, Chairman of KIB KUWAIT CITY, Feb 2: Chairman of KIB, …

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KCC profits disbursal

KUWAIT CITY, Jan 31: Kuwait Clearing Company (KCC) intends to stop distributing the annual paper checks starting with the distribution of shareholders’ profits for the …

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KFAED signs KD 7mln loan deal with Togo to finance water supply project

Bid to support socio-economic dev in Kara City The loan agreement being signed by Sani Yaya – Minister of Finance of the Republic of Togo …

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Al-Mawashi Co. seeks ‘permission’ to rent shops without specifying activity

Firm’s CEO writes letter to municipal council KUWAIT CITY, Jan 31: Al-Mawashi Company has requested to increase the permitted investment activities at the capital’s slaughterhouse …

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